Meta, the umbrella company behind Instagram, Facebook and more, is on the agenda with a huge fine again. This time the company was fined 840 million dollars took.
The European Commission stated that Meta created unfair commercial conditions for other sales and advertising sites by integrating Facebook Marketplace directly into the Facebook platform, and that this step violated European Union antitrust rules. 797.72 million euros (approximately 840 million dollars) announced that the penalty was given. Meta was previously fined 91 million euros for storing the passwords of Instagram and Facebook users in a plain text file. was sentenced. This serious penalty, imposed by the Irish Data Protection Commission (DPC) based in Europe, came as a result of an investigation into a security breach in 2019. The following official statement was made regarding the penalty received by the company, which was revealed to have stored 600 million Facebook and Instagram passwords in plain text:
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“The Irish Data Protection Commission (DPC) determined that Meta had breached various GDPR rules in connection with the breach. The Commission found that the company did not timely notify the DPC of a personal data breach related to the storage of user passwords in plain text and did not document personal data breaches related to the storage of user passwords in plain text. Meta also violated the GDPR by failing to use appropriate technical measures to ensure the security of users’ passwords against unauthorized operations.” By the way, the incident does not only cover the violation in 2019. It is reported that some user passwords have been stored in an easily readable format on the company’s servers since 2012.